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    • Personal Savings

    4 Sources of Retirement Income Besides Social Security to Count On in 2025
    Enterprise

    4 Sources of Retirement Income Besides Social Security to Count On in 2025

    We are just days away from announcing the 2025 Social Security Cost of Living Adjustment (COLA). This is a big deal for seniors who have struggled with high inflation in recent years. But the COLA is unlikely to be life-changing….

    Posted on Idris Bevan
    The cost-of-living adjustment of social security for 2025 could be 2.5%
    Massachusetts

    The cost-of-living adjustment of social security for 2025 could be 2.5%

    Patchareeporn Sakoolchai | moment | Getty Images Due to record-high inflation, welfare recipients have faced greater cost-of-living adjustments in recent years. However, the increase next year is unlikely to be quite as generous. Based on new government inflation data, beneficiaries…

    Posted on Idris Bevan
    Experts say retiring abroad could reduce your living costs
    Iowa

    Experts say retiring abroad could reduce your living costs

    Mario Martinez | Moment | For seniors looking to reduce their expenses while improving their quality of life, the idea of ​​settling abroad could be attractive, financial experts say. So far, nearly a third of retirees have moved either domestically…

    Posted on Eira Gwyneth
    How to make 0% capital gains on the latest stock market rally
    New Jersey

    How to make 0% capital gains on the latest stock market rally

    In a strong stock market year, a lesser-known strategy could help rebalance your portfolio and save taxes in the future. This tactic, known as tax-gain harvesting, involves strategically selling the assets in your profitable brokerage account during lower-income years, such…

    Posted on Seren Anwen
    This required minimum distribution strategy helps avoid tax penalties
    Idaho

    This required minimum distribution strategy helps avoid tax penalties

    Aire Pictures | Moment | Retirees may have income from Social Security, a pension, a retirement plan or other sources – and they typically must either have taxes withheld or make quarterly payments to avoid IRS penalties. For 2024, the…

    Posted on Madoc Meredith
    Harris calls for child tax credit of up to ,000 for newborns
    Idaho

    Harris calls for child tax credit of up to $6,000 for newborns

    U.S. Vice President Kamala Harris speaks at an event with U.S. President Joe Biden (not pictured) in Prince George’s County, Maryland, U.S., August 15, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris unveiled an economic plan on Friday that…

    Posted on Madoc Meredith
    Trump’s plans to cut Social Security taxes could jeopardize benefits
    Idaho

    Trump’s plans to cut Social Security taxes could jeopardize benefits

    Republican presidential candidate and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, USA, July 31, 2024. Elizabeth Frantz | Reuters Trump’s plan could bring forward the bankruptcy of Social Security, including the disability program, by two…

    Posted on Madoc Meredith

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